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Smoothontop

Defined risk - Speculative trade. Mean reversion due.

Long
Direxion Financial Bear 3X Shares (AMEX:FAZ)  
Smoothontop  
AMEX:FAZ   Direxion Financial Bear 3X Shares
speculative defined risk FAZ mean reversion support AND Support and Resistance pasr
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speculative defined risk faz mean reversion support and supportandresistance pasr
Buy Vertical PUT Option spread on FAZ ATM ($55) 3 mth expiration to close at $40.
I have entered this as LONG - that is obviously referring to the market going long facilitating this trade which is SHORT on the FAZ 3 x ETF..
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